https://www.taxtmi.com/caselaws?id=777952 ITAT held the reassessment for AY 2017-18 invalid because the notice under section 148 was time-barred. The tribunal found escapement below the statutory threshold and that the notice issued after the three-year limitation period was invalid, rendering subsequent reassessment proceedings void ab initio. The assessment order for AY 2017-18 is quashed and the legal ground raised by the assessee is allowed. en-us Wed, 03 Sep 2025 00:00:00 +0530 Mon, 08 Sep 2025 13:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777952 ITAT held the reassessment for AY 2017-18 invalid because the notice under section 148 was time-barred. The tribunal found escapement below the statutory threshold and that the notice issued after the three-year limitation period was invalid, rendering subsequent reassessment proceedings void ab initio. The assessment order for AY 2017-18 is quashed and the legal ground raised by the assessee is allowed. Case-Laws Income Tax Wed, 03 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777952